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Gold/Mining/Energy : Gold Price Monitor

GDXJ 99.85

+6.2%

Nov 24 4:00 PM EST

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To: Edmund Lee who wrote (41490)	9/29/1999 11:11:00 AM
From: Tunica Albuginea	Read Replies (1) of 116764

Edmund Lee, ABX can get out of it's hedging program by producing the ore. What is th ebig deal here? The point here is that Europe and USA and Japan have not addressed their fundamental tax and spend mentality. Thus, in spite of the internet, they are going towards printing more money which will become worthless, After years of low inflation we are heading the other direction. The sun goes up and the sun goes down, TA Message #41490 from Edmund Lee at Sep 29 1999 9:51AM Does it implies that ABX has no way out of its hedging program. He has not given an answer to the question.

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